The Capital Region’s industrial real estate sector has been chronically underbuilt and undersupplied since 2013, according to the Baton Rouge TRENDS real estate report. Despite delivering more than 4.6 million square feet of bulk distribution warehouse space in 2022, the market absorbed more than 4.9 million square feet and the vacancy rate dropped to a
Industrial: Tight supply, high demand
The volume and velocity of deals in the industrial sector are expected to remain low in 2023, while lease prices will remain high.
